FMR is below market; voucher rent may lag private rents.
0.59
1 BR
1 BR- 07853
1.00ratio
FMR$1,910
Market$1,910
vs market+$0
FMR is near market; voucher and private rents are aligned.
1.00
2 BR
2 BR- 07853
0.82ratio
FMR$2,310
Market$2,830
vs market-$520
FMR is below market; voucher rent may lag private rents.
0.82
3 BR
3 BR- 07853
0.85ratio
FMR$2,880
Market$3,400
vs market-$520
FMR is below market; voucher rent may lag private rents.
0.85
4 BR
4 BR- 07853
0.89ratio
FMR$3,300
Market$3,720
vs market-$420
FMR is below market; voucher rent may lag private rents.
0.89
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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Long Valley, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Long Valley, NJ is $2,310 a month. That is down 2.9% from $2,380 in FY 2026. Long Valley is in the Newark, NJ HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $2,233. The median county two-bedroom FMR in New Jersey is $2,233, so Long Valley is 3% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Long Valley, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,740
$1,690
−2.9%
$1,521–$1,859
1BR
$1,970
$1,910
−3.0%
$1,719–$2,101
2BR
$2,380
$2,310
−2.9%
$2,079–$2,541
3BR
$2,980
$2,880
−3.4%
$2,592–$3,168
4BR
$3,390
$3,300
−2.7%
$2,970–$3,630
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Long Valley, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,690
$1,910
$2,310
$2,880
$3,300
FY 2026
$1,740
$1,970
$2,380
$2,980
$3,390
FY 2025
$1,560
$1,700
$2,070
$2,600
$2,960
FY 2024
$1,530
$1,810
$2,170
$2,760
$3,240
FY 2023
$1,690
$2,010
$2,410
$3,060
$3,590
Questions about Long Valley, NJ rents
How much will Section 8 pay for a two-bedroom in Long Valley, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,233, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,010 to $2,456 a month; under the ZIP-level Small Area FMR of $2,310 it would be $2,079 to $2,541. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Long Valley, NJ in?
Long Valley, NJ is in the Newark, NJ HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,233.
How much did fair market rent change in Long Valley, NJ for FY 2027?
The two-bedroom FMR fell 2.9%, from $2,380 in FY 2026 to $2,310 in FY 2027. Since FY 2023 it has fallen 4.1%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set